Gainplan LLC Sells 28,570 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Gainplan LLC reduced its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 49.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,683 shares of the exchange traded fund’s stock after selling 28,570 shares during the quarter. Vanguard FTSE Emerging Markets ETF makes up about 0.7% of Gainplan LLC’s holdings, making the stock its 18th biggest holding. Gainplan LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,468,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VWO. Covestor Ltd grew its position in shares of Vanguard FTSE Emerging Markets ETF by 2.2% in the 1st quarter. Covestor Ltd now owns 28,542 shares of the exchange traded fund’s stock worth $1,292,000 after buying an additional 610 shares during the period. Gradient Capital Advisors LLC grew its position in Vanguard FTSE Emerging Markets ETF by 5.0% during the 2nd quarter. Gradient Capital Advisors LLC now owns 17,770 shares of the exchange traded fund’s stock valued at $879,000 after purchasing an additional 845 shares during the last quarter. Fiera Capital Corp lifted its stake in Vanguard FTSE Emerging Markets ETF by 12.5% during the 1st quarter. Fiera Capital Corp now owns 85,360 shares of the exchange traded fund’s stock valued at $3,863,000 after acquiring an additional 9,506 shares during the period. Signaturefd LLC lifted its stake in Vanguard FTSE Emerging Markets ETF by 2.9% during the 2nd quarter. Signaturefd LLC now owns 4,141,888 shares of the exchange traded fund’s stock valued at $204,858,000 after acquiring an additional 117,175 shares during the period. Finally, Chicago Partners Investment Group LLC lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.4% in the 1st quarter. Chicago Partners Investment Group LLC now owns 37,239 shares of the exchange traded fund’s stock worth $1,713,000 after purchasing an additional 512 shares during the period. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Down 0.5%

Vanguard FTSE Emerging Markets ETF stock opened at $54.68 on Wednesday. The firm has a 50 day moving average of $52.38 and a 200 day moving average of $48.92. The firm has a market capitalization of $102.42 billion, a price-to-earnings ratio of 15.08 and a beta of 0.69. Vanguard FTSE Emerging Markets ETF has a 12-month low of $39.53 and a 12-month high of $55.19.

About Vanguard FTSE Emerging Markets ETF

The Fund seeks to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index, that measures the return of stocks issued by companies located in emerging market countries.